2119 Norman LnPuebloCO81005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pueblo at 2119 Norman Ln, Pueblo, CO, 81005 generates $1,587/mo in rent, after a $2,398/mo payment. Total monthly income is $1,587/mo. Return on cash invested sits at 10.54% in year one, and rental yield is 3.89% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 52.13% and total cumulative return in cash sums $84,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,587/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
8,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81005, Pueblo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 9,742 (72.0%) |
| Renter Occupied HU | 3,305 (24.4%) |
| Vacant Housing Units | 491 ( 3.6%) |
| Median Home Value | $333,896 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
13,322
Single Family
12,802
Multi-Family
520
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Cole • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4780618
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.